Due Diligence

due-diligence

Environmental Due Diligence

Strategic Environmental, Health & Safety Insight for More Insightful Transactions

Environmental, health, and safety (EHS) risks are a critical factor in mergers, acquisitions, and divestitures yet they are frequently underestimated, not considered, or delayed until late in the transaction process. These hidden environmental liabilities can reduce asset value, delay closing, or lead to  long-term regulatory exposure and liability.

As a trusted environmental due diligence consultant, Odyssey helps operations, buyers, sellers, investors, and lenders identify and understand EHS risks before they become costly surprises. Our due diligence services deliver clear, actionable insight that supports informed decision-making at every stage of a transaction.

We combine regulatory expertise, operational experience, and business-focused risk evaluation to uncover environmental obligations that impact valuation, compliance, and long-term asset performance.

What Is Environmental Due Diligence?​​

Environmental due diligence is the process of identifying environmental, health, and safety risks associated with a property or operation prior to a transaction. It evaluates potential contamination, regulatory compliance gaps, workplace safety or personnel health-related issues, and other environmental liabilities that may affect financial, legal, or operational outcomes.

Environmental due diligence is commonly required for:

  • Property acquisitions and divestitures
  • Mergers and acquisitions
  • Financing and refinancing
  • Portfolio risk evaluation
Environmental Due Diligence_ - Odyssey EH

Comprehensive Environmental Due Diligence Services​

Odyssey delivers scalable due diligence solutions for single assets and multi-site portfolios, aligned with lender, investor, and regulatory expectations.

Phase I Environmental Site Assessments (ESA)

ASTM-compliant Phase I Environmental Site Assessments identify Recognized Environmental Conditions (RECs) and potential contamination risks associated with a property. These assessments support liability protection under federal environmental laws and are commonly required by lenders.

Related Service:
EHS Auditing Services (EHS audits and assessments)

Limited Environmental Site Assessments

Focused environmental reviews designed for low-risk transactions, refinancing, or portfolio screening. These assessments provide targeted insight while avoiding unnecessary scope or cost.

Environmental Transaction Screening

Rapid, cost-effective, and typically remotely executed, environmental transaction screens that flag potential environmental concerns early in the deal process—allowing stakeholders to determine whether further investigation is warranted.

Site Location Assessments Utilizing Environmental Factors

Strategic site evaluations that incorporate environmental, regulatory, and land-use considerations to support development, expansion, or acquisition decisions.

Related Service:
Environmental Compliance Services (regulatory compliance support)

What Our Environmental Due Diligence Helps You Achieve

  • Identify environmental, health, and safety liabilities early in the transaction
  • Reduce financial, legal, and reputational risk
  • Support informed negotiation and deal structuring
  • Protect long-term asset value and operational continuity
  • Meet lender, investor, and regulatory expectations

By addressing environmental risks upfront, Odyssey helps clients protect both immediate transaction outcomes and long-term operational success.

Why Choose Odyssey as Your Environmental Due Diligence Consultant?​

Odyssey goes beyond the role of traditional environmental audit companies by delivering insight that directly supports deal strategy.

  • Decades of EHS consulting experience across industrial sectors
  • Practical, business-minded risk interpretation—not just technical findings
  • Clear, executive-ready reporting for investors, lenders, and legal teams
  • Scalable services for single assets or complex portfolios
  • Integrated expertise across EHS auditing service, compliance, and training

We translate complex environmental data into clear, actionable intelligence.

Related Service:
EHS Consulting Services (environmental health and safety consulting)
Risk Management Services (operational risk management)

Integrated EHS, Audit & Training Expertise

Environmental due diligence is most effective when paired with ongoing risk management. Odyssey supports clients beyond the transaction through:

  • EHS auditing service and workplace safety audit programs
  • Coordination with environmental audit companies and regulatory agencies
  • Ongoing environmental compliance training for operational teams
  • Follow-on environmental site audit and corrective action support

This integrated approach ensures environmental risks are identified, addressed, and managed long after closing

Frequently Asked Questions

What does an environmental, health, and safety due diligence consultant do?

An environmental due diligence consultant evaluates environmental, health, and safety risks associated with a property or operation during a transaction. This includes identifying contamination risks, compliance issues, workplace safety concerns, and environmental liabilities that may impact valuation or regulatory exposure.

What is included in transactional due diligence?

Due diligence typically includes Phase I Environmental Site Assessments, environmental transaction screening, review of regulatory compliance history, EHS risk assessment, and workplace safety audits. The scope depends on transaction size, asset type, and lender requirements.

What is the difference between a Phase I ESA and an environmental audit?

A Phase I Environmental Site Assessment focuses on identifying potential contamination risks tied to a property. An environmental audit evaluates ongoing compliance with environmental regulations, permits, and management systems. Both play distinct roles in environmental due diligence.

Why is environmental due diligence important in mergers and acquisitions?

Environmental due diligence helps identify environmental liabilities in acquisitions that could result in cleanup costs, regulatory penalties, operational delays, or legal exposure. Early identification supports informed negotiations and protects long-term asset value.

Do lenders require environmental due diligence?

Yes. Most lenders require environmental due diligence often a Phase I Environmental Site Assessment—to evaluate risk and protect financial interests. Reports must meet ASTM standards and be prepared by qualified environmental professionals.

Authoritative External References

Odyssey’s due diligence methodology aligns with recognized industry standards and regulatory guidance, including:

  • ASTM standards for Phase I Environmental Site Assessments
  • U.S. Environmental Protection Agency (EPA) environmental liability guidance
  • Federal and state environmental compliance frameworks

These standards help ensure consistency, defensibility, and lender acceptance.

Protect Your Transaction with Informed, Strategic Environmental Due Diligence.

Contact Odyssey to discuss your acquisition, divestiture, or portfolio needs and gain clarity before risk becomes cost.